Common use of Representation of Title Clause in Contracts

Representation of Title. Owner represents and warrants that the Premises defined in Exhibit "A" of this Agreement are in good standing and that Owner owns the entire title to the Premises and that no other party has any right, title or interest therein; that Owner has good right and full power to convey the effective interest described herein; that the Premises are free and clear of all encumbrances; and that Owner shall not commit any act or acts which will encumber or cause a lien to be placed on the Premises, or which might hinder or impair the rights or ability of Gentor to exercise its rights hereunder, except subject and subordinate to the terms of this Agreement. That (i) the unpatented mining claims were properly laid out and monumented; (ii) all required location and validation work was properly performed; (iii) location notices and certificates were properly and timely recorded and filed with appropriate governmental agencies; (iv) all maintenance payments required to hold the unpatented mining claims through the assessment year ending August 31, 2005 have been timely and properly paid to the appropriate Bureau of Land Management Office; and (v) all notices of intent to hold or other forms required to maintain the unpatented mining claims in good standing for the 2005 assessment year have been properly and timely recorded and filed with the appropriate governmental agencies as required by Montana law. The representations and warranties described herein shall survive termination of the Option.

Representation of Title. Owner represents and warrants that the Premises mining claims defined in Exhibit "“A" ” of this Agreement are in good standing and that Owner owns the entire title to the Premises Property and that no other party other than the Federal Government has any right, title or interest therein; that Owner has good right and full power to convey the effective interest described herein; that the Premises are Property is free and clear of all encumbrances; and that Owner shall not commit any act or acts which will encumber or cause a lien to be placed on the PremisesProperty, or which might hinder or impair the rights or ability of Gentor Lessee to exercise its rights hereunder, except subject and subordinate to the terms of this Agreement. That (i) the unpatented mining claims were properly laid out and monumented; (ii) all required location and validation work was properly performed; (iii) location notices and certificates were properly and timely recorded and filed with appropriate governmental agencies; (iv) all maintenance payments required to hold the unpatented mining claims through the assessment year ending August 31, 2005 have 2010 has been timely and properly paid to the appropriate Bureau of Land Management Office; and (v) all notices of intent to hold annual maintenance fee payment or other forms required to maintain the unpatented mining claims in good standing for the 2005 2010 assessment year have been properly and timely recorded and filed with the appropriate governmental agencies as required by Montana law. The representations California law and warranties described herein shall survive termination of the OptionFederal regulation.

Representation of Title. Owner represents and warrants that the Premises defined in Exhibit "A" of this Agreement are in good standing and that Owner owns the entire title to the Premises and that no other party has any right, title or interest therein; that Owner has good right and full power to convey the effective interest described herein; that the Premises are free and clear of all encumbrances; and that Owner shall not commit any act or acts which will encumber or cause a lien to be placed on the Premises, or which might hinder or impair the rights or ability of Gentor to exercise its rights hereunder, except subject and subordinate to the terms of this Agreement. That (i) the unpatented mining claims were properly laid out and monumented; (ii) all required location and validation work was properly performed; (iii) location notices and certificates were properly and timely recorded and filed with appropriate governmental agencies; (iv) all maintenance payments required to hold the unpatented mining claims through the assessment year ending August 31, 2005 have has been timely and properly paid to the appropriate Bureau of Land Management Office; and (v) all notices of intent to hold or other forms required to maintain the unpatented mining claims in good standing for the 2005 assessment year have been properly and timely recorded and filed with the appropriate governmental agencies as required by Montana law. The representations and warranties described herein shall survive termination of the Option.